Is Proton Motor Power Systems Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Proton Motor Power Systems Ltd (PPS.L) is currently classified as NOT HALAL as of September 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Proton Motor Power Systems Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Proton Motor Power Systems Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Proton Motor Power Systems Ltd?

Muslim investors may consider investing in Proton Motor Power Systems Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Proton Motor Power Systems Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Proton Motor Power Systems Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Proton Motor Power Systems Ltd updated?

The Shariah compliance status of Proton Motor Power Systems Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Proton Motor Power Systems Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Proton Motor Power Systems Ltd?

You can check the latest Shariah compliance status of Proton Motor Power Systems Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Proton Motor Power Systems Ltd PPS.L

£0.15 £0.03 (14.29%) 1D

Last Updated: Feb 14, 12:00 AM·LSE

PPS.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 30, 2024

Report Source: 2024 2nd Quarter Report

Proton Motor Power Systems Ltd. Stock Analysis PPS.L

United Kingdom Industrials Nano Cap Report: Q2, 2024

Proton Motor Power Systems Plc designs, develops, manufactures, and tests fuel cells, hybrid systems and technical components. The company is headquartered in Newcastle Upon Tyne, Northumberland and currently employs 109 full-time employees. The firm is engaged in designing, developing, manufacturing, and testing fuel cells and fuel cell hybrid systems as well as the related technical components. Its principal activity is the development of hydrogen fuel cells and fuel cell hybrid systems through its subsidiary, Proton Motor Fuel Cell GmbH. The company is focused on the production of hydrogen fuel cell technologies is on sustainable production. The company is focused is on stationary solutions, as well as mobile, maritime and rail applications. The product portfolio consists of basic fuel cell systems, standard complete systems, and customer-specific systems. The company operates through a green energy segment. Its products include HyModule, HyFrame, HyScale, HyRange, HyShip, HyRail, HyShelter, HyCabinet, HyModule, and HyFrame. The company serves various markets, such as stationary, heavy duty, maritime, rail, stationary, maritime, heavy duty, and rail.

Key Statistics of Proton Motor Power Systems Ltd (PPS.L)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

£0.15£0.38

Today's Open

£0.18

Volume

3.23M

P/E Ratio (TTM)

52 Week Range

£0.07£0.44

Market Cap

2.49M

Avg. Volume

1.68M

Dividend Yield

Financial Metrics & Statements of Proton Motor Power Systems Ltd (PPS.L)

FAQ's for Proton Motor Power Systems Ltd (PPS.L)

According to Musaffa’s Shariah screening methodology, Proton Motor Power Systems Ltd (PPS.L) is currently classified as NOT HALAL as of September 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.